Septic inspection va loan
[PDF File]CHAPTER 12: PROPERTY AND APPRAISAL REQUIREMENTS
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pay non-allowable costs up to 1% of the loan amount EXCEPT the termite inspection and well & septic inspection – Seller or Lender must pay for these 1% Origination Purchase & Cash-out loans, the origination fee is calculated using the total loan amount. Application Fee Reasonable Discount Points Processing Fee Rate Lock Extension Cost
Water Quality Tests plus Septic Tank Inspection for Loan ...
2 TABLE OF CONTENTS Introduction WELCOME TO VA. 4 Chapter 1 CONTACT INFORMATION 5 (Roanoke Regional Loan Center) Chapter 2 INSPECTION FEES and PAYMENT 7 Chapter 3 ACCESSIBILITY and AVAILABILITY 8 Chapter 4 CONDUCT and CONFLICTS OF INTEREST 9 Chapter 5 VA MINIMUM PROPERTY REQUIREMENTS 11 Chapter 6 ASSIGNMENTS and INSPECTION …
[PDF File]VA TRANSACTION
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The Compliance Inspection Report, VA Form 26-1839, is completed as follows: ITEM 2. This item is completed when making the regular third inspection described in Item 1. Blank lines are provided for ... VA Regional Loan Center. RECOMMENDATION TO VALUATION OFFICER, VA REGIONAL LOAN …
[PDF File]DEPARTMENT OF VETERANS AFFAIRS
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Clarification of Individual Water Supply System Testing . 1. Purpose. This Circular provides clarification and guidance concerning testing of individual (private) water supply systems for properties subject to Department of Veterans Affairs (VA) backed loans. 2. Background.
[PDF File]Clarification of Individual Water Supply System Testing
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A supplemental loan may be made in conjunction with a transfer and assumption of a guaranteed loan. 12.4 SITE REQUIREMENTS [7 CFR 3555.201(b)] A qualified property must be predominately residential in use, character, and design. Sites must be developed in accordance with any standards imposed by a State or local government.
[PDF File]CASE NUMBER COMPLIANCE INSPECTION REPORT
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Well and septic inspections are valid for 120 days. They must be valid at the time of loan closing. If the lender or borrower is aware of any environmental issues that have occurred to the home/area since the tests were completed, it is the lender’s responsibility to document the
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